Trump Family Reduces Stake in World liberty Financial, fueling Speculation
The Trump family has been quietly reducing its stake in World Liberty Financial, a crypto project promising a financial revolution. Forbes reported on June 19 that their share dropped from 60% to 40% in a recent undisclosed transaction.
This move aligns with a pattern of gradual disinvestment. In December, their DT Marks DEFI LLC held 75% of the venture. By late January, it fell to 60%, and now stands at 40%.
The sales coincide with pivotal market moments. The latest reduction occurred just as Circle, a stablecoin competitor, enjoyed a soaring IPO.This timing suggests the Trumps may be capitalizing on favorable market conditions.
- Forbes estimates the Trumps may have netted $190 million from the latest sale.
- Donald Trump could have personally pocketed an estimated $135 million.
With World Liberty Financial offering an āupgradedā digital dollar, the Trump family maintains enough interest to keep the project alive. Yet, they seem to be wisely converting their crypto investments into cash.
The strategic divestment raises questions. Will regulators or investors start scrutinizing such moves? As the Trumps decrease their stake, itās unclear if backers will remain loyal. This āfinancial revolutionā highlights unequal opportunities for different players.
